B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ) Stock Price Up 1.8% – Here’s Why

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 (NASDAQ:RILYZ)’s stock price was up 1.8% during mid-day trading on Monday . The stock traded as high as $9.39 and last traded at $9.12. Approximately 77,452 shares changed hands during mid-day trading, an increase of 43% from the average daily volume of 54,168 shares. The stock had previously closed at $8.96.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Stock Performance

The stock has a 50 day simple moving average of $9.35 and a 200-day simple moving average of $10.29.

B. Riley Financial, Inc. 5.25% Senior Notes due 2028 Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.3281 per share. This represents a $1.31 annualized dividend and a yield of 14.39%. This is a positive change from B. Riley Financial, Inc. 5.25% Senior Notes due 2028’s previous quarterly dividend of $0.33. The ex-dividend date is Wednesday, January 15th.

About B. Riley Financial, Inc. 5.25% Senior Notes due 2028

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.